Currently viewing the tag: "Finance"

Morning Softs. 07/27/16

On July 27, 2016 - 9:38 AM By

COTTON
General Comments: Cotton futures closed higher and trends are trying to turn up again. Support came from the USDA reports on Monday night that showed some crop deterioration.. Crops in the southern and western Great Plains and also the Indian subcontinent are still facing stressful conditions. It remains hot and dry in Texas […]

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Morning Grains. 07/27/16

On July 27, 2016 - 9:29 AM By

FOB Gulf Basis Levels-Cents per Bushel
Corn HRW SRW Soybeans Soybean Meal Soybean Oil
July 74 Sep 86 Sep 25-Sep 77 Aug 23-Aug 250 Aug
August 73 Sep 30-Sep 78 Aug
September 76 Sep 45 Sep 94 Nov
All basis levels are positive unless noted as negative Brazil Premiums Soybeans […]

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Oil prices continue to fade as the oil trade is losing confidence about the global economic outlook. Because of slowdown, fears surrounding Brexit and an uncertain political environment, optimism that rising demand would meet the trend of decline production has been pushed back by a couple of months. The trade today will focus not only […]

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Commercial trade fears continue as demand fears weaken as Europe as what type of tariffs or trade barriers have awoken with Britain leaving the European commerce zone. The FED and Global banks are not helping matters in this conundrum that leaves speculators backpedaling keeping investors from rising to the occasion at the worst possible moment […]

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AgMaster Report 7/26/16

On July 26, 2016 - 10:51 AM By

SEPT BEANS They say a “weather market” is only as good as its latest weather forecast – and this past week was no exception!  Sept Beans were 60 cents up on the week early Thur morning – when a cooler & wet forecast intervened! This forced nearly a 90 cent downside retracement – leaving the […]

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Morning Grains. 07/26/16

On July 26, 2016 - 10:20 AM By

Crop Progress
Date 24-Jul 17-Jul 2015 Avg
Cotton Squaring 85 77 82 84
Cotton Setting Bolls 46 28 41 43
Corn Silking 79 56 71 70
Corn Dough 13 12 13
Soybeans Blooming 76 59 67 66
Soybeans Setting Pods 35 18 29 26
Sorghum Headed 49 […]

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Morning Softs. 07/26/16

On July 26, 2016 - 9:25 AM By

COTTON
General Comments: Cotton futures closed lower. It is still a weather market, with crops in the southern and western Great Plains and also the Indian subcontinent facing stressful conditions. It remains very hot and dry in Texas and in all parts of the western Great Plains. Crop ratings were lower yesterday in the […]

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Besides the FED meeting investors will be monitoring Consumer Confidence and New Home Sales at 9:00 A.M. Weekly API Energy Stocks at 3:30 P.M. More earnings expected today as well with already results in with Verizon having mixed results while Caterpillar, United Technologies and DuPont beating the streets expectations. On the Corn front the market […]

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Oils closed below $44.00 a barrel suggesting there are underlying weakness not only in the energy sector but in the global economy. It is becoming more clear the Brexit vote was just enough to slow demand
We saw that pain played out in BP earnings that saw their profits plunge by 45% as reefing […]

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Morning Grains. 07/25/16

On July 25, 2016 - 9:43 AM By

DJ Summary For July USDA Monthly Cattle On Feed Data
Data from the U.S. Department of Agriculture’s monthly cattle-on-feed report, released at 3 p.m. EDT on Friday, and analysts’ estimates as compiled by the Wall Street Journal.
Numbers USDA’s Average Range
2016 2015 estimated of analysts’ of analysts’
% of prev […]

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Morning Softs. 07/25/16

On July 25, 2016 - 9:36 AM By

COTTON
General Comments: Cotton futures closed a little lower, but remained in the same daily trading range that had been seen for much of the week. It is still a weather market, with crops in the southern and western Great Plains and also the Indian subcontinent facing stressful conditions. It remains very hot and […]

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Storms that started late last week and some farmers in certain growing areas are doing backflips while others did not receive rain that was forecasted and others are concerned with flooding. As I mentioned the storms produced plenty of rain and I will get updates from down on the farm throughout the day. We also […]

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